{"schema_version":"secwatch.filing_event.v1","accession":"0001552781-24-000522","form_type":"8-K","ticker":"PRGS","cik":"0000876167","company_name":"PROGRESS SOFTWARE CORP /MA","filed_at":"2024-09-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:16.115421+00:00","generated_at":"2026-05-31T05:59:40.168111+00:00","sec_items":["1.01","2.02","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Progress to acquire ShareFile for $875M; suspends dividend; Q3 guidance above high end","bullets":["Acquisition from Cloud Software Group for $875M (cash + revolver); expected close by Nov 30, 2024.","ShareFile adds ~$240M annual revenue and >86K customers; AI-powered document collaboration platform.","Board suspends quarterly dividend after close; capital redirected to debt repayment, M&A, and buybacks.","Q3 FY2024 revenue and non-GAAP EPS expected within or above high end of prior guidance (full results Sep 24)."],"urls":{"canonical":"https://secwatch.observer/filing/0001552781-24-000522","json":"https://secwatch.observer/filing/0001552781-24-000522.json","markdown":"https://secwatch.observer/filing/0001552781-24-000522.md","text":"https://secwatch.observer/filing/0001552781-24-000522.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/876167/000155278124000522/0001552781-24-000522-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/876167/000155278124000522/e24386_prgs-8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T05:59:40.168111+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}